BofA raised the firm’s price target on Keysight Technologies (KEYS) to $165 from $160 and keeps an Underperform rating on the shares. Core orders grew 4% year-over-year in fiscal Q1, which was below the firm’s estimate, and management reiterated its FY25 framework for 5% year-over-year revenue growth and 10% adjusted EPS growth, which would require modest sequential orders improvement throughout the rest of FY25, the analyst tells investors in a post-earnings note.
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